Desktop Interest Income vs Ebitda Analysis

DM Stock  USD 0.61  0.02  3.39%   
Desktop Metal financial indicator trend analysis is much more than just examining Desktop Metal latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Desktop Metal is a good investment. Please check the relationship between Desktop Metal Interest Income and its Ebitda accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desktop Metal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.

Interest Income vs Ebitda

Interest Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Desktop Metal Interest Income account and Ebitda. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Desktop Metal's Interest Income and Ebitda is -0.24. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Desktop Metal, assuming nothing else is changed. The correlation between historical values of Desktop Metal's Interest Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Desktop Metal are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Interest Income i.e., Desktop Metal's Interest Income and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Ebitda

Most indicators from Desktop Metal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Desktop Metal current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desktop Metal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.At this time, Desktop Metal's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 20th of May 2024, Enterprise Value is likely to grow to about 953.7 M, while Tax Provision is likely to drop (599.5 K).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization24.9M50.8M53.6M30.7M
Interest Income12.0M10.1M944K896.8K

Desktop Metal fundamental ratios Correlations

0.840.910.970.81-0.590.660.480.840.690.890.820.850.780.790.890.70.810.81-0.150.730.520.850.92-0.170.93
0.840.970.730.56-0.810.80.160.660.330.980.870.90.950.940.950.870.520.67-0.280.970.740.980.890.250.88
0.910.970.830.59-0.740.860.20.740.410.980.850.880.920.960.940.820.60.68-0.30.920.680.950.960.180.94
0.970.730.830.77-0.370.610.490.90.740.780.690.680.640.690.780.50.80.74-0.130.610.290.710.85-0.310.89
0.810.560.590.77-0.530.120.820.510.870.620.80.760.590.420.750.60.870.940.160.440.50.650.58-0.50.57
-0.59-0.81-0.74-0.37-0.53-0.52-0.27-0.18-0.24-0.79-0.84-0.92-0.87-0.73-0.85-0.98-0.46-0.690.25-0.8-0.98-0.88-0.64-0.28-0.55
0.660.80.860.610.12-0.52-0.160.630.080.770.470.580.690.880.680.560.30.28-0.580.780.440.70.820.390.8
0.480.160.20.490.82-0.27-0.160.140.930.180.390.430.18-0.010.440.250.880.83-0.09-0.020.230.250.15-0.840.13
0.840.660.740.90.51-0.180.630.140.430.70.50.50.490.630.580.340.490.43-0.050.570.090.590.79-0.070.9
0.690.330.410.740.87-0.240.080.930.430.370.50.490.320.210.580.270.950.86-0.110.160.180.380.39-0.810.38
0.890.980.980.780.62-0.790.770.180.70.370.910.910.960.950.950.870.550.69-0.160.960.740.980.940.230.91
0.820.870.850.690.8-0.840.470.390.50.50.910.940.940.810.930.910.610.820.090.850.830.950.810.070.74
0.850.90.880.680.76-0.920.580.430.50.490.910.940.910.810.950.960.680.84-0.180.830.880.960.820.080.78
0.780.950.920.640.59-0.870.690.180.490.320.960.940.910.930.940.920.490.69-0.120.960.850.980.860.290.78
0.790.940.960.690.42-0.730.88-0.010.630.210.950.810.810.930.870.810.410.51-0.240.940.70.910.940.390.88
0.890.950.940.780.75-0.850.680.440.580.580.950.930.950.940.870.880.730.86-0.270.880.780.970.86-0.010.81
0.70.870.820.50.6-0.980.560.250.340.270.870.910.960.920.810.880.490.7-0.140.850.970.930.760.290.68
0.810.520.60.80.87-0.460.30.880.490.950.550.610.680.490.410.730.490.92-0.280.340.390.560.57-0.640.54
0.810.670.680.740.94-0.690.280.830.430.860.690.820.840.690.510.860.70.92-0.160.550.630.750.6-0.460.56
-0.15-0.28-0.3-0.130.160.25-0.58-0.09-0.05-0.11-0.160.09-0.18-0.12-0.24-0.27-0.14-0.28-0.16-0.18-0.15-0.17-0.150.04-0.14
0.730.970.920.610.44-0.80.78-0.020.570.160.960.850.830.960.940.880.850.340.55-0.180.750.960.840.410.81
0.520.740.680.290.5-0.980.440.230.090.180.740.830.880.850.70.780.970.390.63-0.150.750.830.60.330.48
0.850.980.950.710.65-0.880.70.250.590.380.980.950.960.980.910.970.930.560.75-0.170.960.830.880.210.84
0.920.890.960.850.58-0.640.820.150.790.390.940.810.820.860.940.860.760.570.6-0.150.840.60.880.190.97
-0.170.250.18-0.31-0.5-0.280.39-0.84-0.07-0.810.230.070.080.290.39-0.010.29-0.64-0.460.040.410.330.210.190.15
0.930.880.940.890.57-0.550.80.130.90.380.910.740.780.780.880.810.680.540.56-0.140.810.480.840.970.15
Click cells to compare fundamentals

Desktop Metal Account Relationship Matchups

Desktop Metal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.0M641.9M1.4B754.3M498.6M607.7M
Other Current Liab1.5M7.6M33.8M26.7M32.4M19.9M
Total Current Liabilities7.7M30.5M102.1M83.4M70.1M58.1M
Total Stockholder Equity25.4M609.3M1.2B527.5M241.7M229.6M
Net Tangible Assets153.4M597.6M347.1M194.7M223.9M243.6M
Retained Earnings28.5M(384.7M)(568.6M)(1.3B)(1.6B)(1.6B)
Accounts Payable2.5M7.6M29.6M25.1M18.2M17.9M
Cash14.9M483.5M65.0M76.3M84.1M132.7M
Other Assets2.9M5.5M46.9M4.7M5.4M5.2M
Cash And Short Term Investments14.9M595.4M269.6M184.5M84.7M80.5M
Net Receivables3.3M6.5M46.7M38.5M37.7M24.9M
Common Stock Shares Outstanding150.0M157.9M260.8M314.8M322.2M226.8M
Liabilities And Stockholders Equity33.0M641.9M1.4B754.3M498.6M607.7M
Capital Surpluse2.3M993.9M1.8B1.9B2.2B2.3B
Inventory8.9M9.7M65.4M91.7M82.6M48.1M
Other Current Assets716K26K16.2M17.2M11.1M8.8M
Other Stockholder Equity(288.8M)993.9M1.8B1.9B1.9B1.2B
Total Liab7.7M32.7M138.2M226.8M257.0M269.8M
Total Current Assets30.7M612.6M400.0M336.4M216.1M312.0M
Short Term Debt600K10.9M6.4M6.3M7.7M5.9M
Common Stock289.3M23K31K32K33K31.4K
Property Plant Equipment18.4M12.2M58.7M56.3M64.7M36.7M

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When determining whether Desktop Metal is a strong investment it is important to analyze Desktop Metal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Desktop Metal's future performance. For an informed investment choice regarding Desktop Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desktop Metal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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Is Desktop Metal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Desktop Metal. If investors know Desktop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Desktop Metal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.00)
Revenue Per Share
0.583
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.16)
Return On Equity
(0.95)
The market value of Desktop Metal is measured differently than its book value, which is the value of Desktop that is recorded on the company's balance sheet. Investors also form their own opinion of Desktop Metal's value that differs from its market value or its book value, called intrinsic value, which is Desktop Metal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Desktop Metal's market value can be influenced by many factors that don't directly affect Desktop Metal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Desktop Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desktop Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desktop Metal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.